ISX index closes at 91.8 points Wednesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index on Wednesday went up by 0.2% to close at 91.8 points as shares of 16 firms out of total 36 increased. Traded shares today hit more than 713.587 million worth $609,000 through 317 deals. The banking sector grabbed the lion’s share of today’s trading with 52% through 98 deals worth 373 million dinars over nine firms, followed by the industrial sector with 27% through 195 deals worth 195.9 million dinars over 12 firms, the hotel sector came third with 18% of the overall trading through 108 deals worth 102.9 million dinars over 12 firms and the service sector with 40 million dinars through 33 deals over four firms. The ISX witnessed its first E-trading session on April 19, 2009 over five registered companies, three banks and two hotels. The banks were: Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were: Ashtar Hotel and Al-Mansour Hotel. On June 7, the Iraqi Middle East Investment Bank and the Warka Bank joined the electronic trading sessions. The ISX now holds five sessions from Sunday to Thursday. SH (S)/SR 1